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Guangzhou Science City thrives in Huangpu

Updated : 2022-10-28

At present, Guangzhou Science City has cultivated and incubated nearly 50,000 science and technology enterprises, as well as gathered more than 130 Specialized and Sophisticated enterprises.

It was also approved as the country's first "small and medium-sized enterprises can do great things" innovation demonstration zone.

In the past four years, Guangzhou Science City has risen in east Guangzhou, achieving outstanding results in 10 fields: Party building, institutional reform, space upgrading, scientific and technological innovation, talent highland, modern industry, opening up and cooperation, urban construction, people's livelihood, and welfare, as well as history and culture.

Huangpu district, where Guangzhou Science City is located, is home to a national-level business incubator, it has become a characteristic example of scientific and technological innovation, as well as a high-tech industry and industry-city integration park in Guangdong, ranking among the world's first-class science and technology parks.

Driven by Guangzhou Science City, Huangpu district's GDP increased from 346.52 billion yuan ($47.91 billion) in 2018 to 415.837 billion yuan in 2021, with an average annual growth rate of 6.3 percent. Its industrial performance ranked second among China's top 100 industrial zones, its comprehensive performance ranked second among national economic development zones, and it ranked first in five major economic indicators among national economic development zones.

Guangzhou Science City.png

Guangzhou Science City.

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